Pleasant Prairie, WI—53158
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pleasant Prairie, WI
As of Oct '25, the median home price in Pleasant Prairie, WI is $436,000, with a year-over-year change of 6.6%. This indicates that home prices in Pleasant Prairie, WI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | 6.6% |
| Single Family | $461,000 | 7.5% |
| Condos | $271,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 5.3% |
3 Bed | $417,000 | 7.2% |
4 Bed | $539,000 | 7.2% |
| 5 Bed | $670,000 | 5.8% |
% of Housing Stock
Rental Trends — Pleasant Prairie, WI
As of July '25, Rentcast reports the average rent in Pleasant Prairie, WI is $2,940, with a year-over-year rent change of 18.5%. Per bedroom, the median rent as of July '25 in Pleasant Prairie, WI is 1-bedrooms: $1,550, 2-bedrooms: $3,700, 3-bedrooms: $2,500, 4-bedrooms: $4,000. The most common rental property sizes in Pleasant Prairie, WI are 2-bedroom and 1-bedroom, accounting for 43.4% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $3,700 | $3,700 |
| 3 Bed Rent | $2,500 | $2,500 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Pleasant Prairie, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Pleasant Prairie, WI is 48. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $517,000 | 8.0% |
Listing Count | 50 | -9.0% |
| Listings as % of Homes | 0.5% | -9.0% |
Days on Market | 48 | 25.0% |
Demographics — Pleasant Prairie, WI
As of the latest ACS Survey released in 2023, Pleasant Prairie, WI has a population of 18,200, which has increased by 7.9% over the past 5 years. Pleasant Prairie, WI is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | 7.9% |
% Under 18 | 20.0% | -9.1% |
% Seniors | 16.1% | 15.8% |
% WFH | 12.4% | 342.9% |
% w/ College Degree | 40.2% | 18.9% |
As of the latest ACS Survey released in 2023, Pleasant Prairie, WI is a predominantly white area, with 79.6% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Pleasant Prairie, WI is hispanic, making up 10.5% of the population. Foreign-born residents account for 7.4% of the population in Pleasant Prairie, WI, and this percentage has decreased by 9.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.6% | -7.2% |
% Black | 2.3% | 91.7% |
% Hispanic | 10.5% | 28.0% |
% Asian | 2.4% | -17.2% |
% Foreign Born | 7.4% | -9.8% |
Mortgage and Risk — Pleasant Prairie, WI
According to HUD data as of 2023, there were 309 mortgage originations in Pleasant Prairie, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Pleasant Prairie, WI. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 309 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Pleasant Prairie, WI
As of 2024, the percent of homes in Pleasant Prairie, WI under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Pleasant Prairie, WI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 90 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,550 | $1,390 |
| 2 Bedroom | -$1,890 | $3,700 | $1,810 |
| 3 Bedroom | -$70 | $2,500 | $2,430 |
| 4 Bedroom | -$1,230 | $4,000 | $2,770 |
Affordability — Pleasant Prairie, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $436,000 |
| Median Household Income | $108,000 |